Anita On MBAs In Entrepreneurship


wealthymatters.com“I often get asked to talk about entrepreneurship – even by hallowed institutions like Harvard and Stanford – but I’m not all convinced it is a subject you can teach.How do you teach obsession, because more often than not it’s obsessions that drives an entrepreneur’s vision? Why would you march to a different drumbeat if you are instinctively part of the crowd?

If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management. There is a sort of terrorism that comes with the operations and the science of making money, but by not knowing any of that, I had an amazing freedom.In the business school model, entrepreneurs are most at home with a balance sheet, a cash-flow forecast and a business plan. They dream of profit forecasts and the day they can take the company public. You certainly must be able to wield these weapons. But these are just part of the toolbox of re-imagining the world. They are not the basic defining characteristic of entrepreneurship. Read more of this post

There Are Many Ways To Keep Prices Low


wealthymatters.com“If prices are not that good at the moment that’s because the bloody business is not very well run. It has nothing to do with the social agenda. We save a huge amount of money by not advertising and by not going around in Lear jets, or having obscene compensation packages like many others do.”-Anita Roddick

Entrepreneurship Is Messy


“The Body Shop is a multi local business with over 2.045 stores serving over 77 million customers in 51 different markets in 25 different languages and across 12 time zones. And I haven’t a clue how we got here!”-Anita Roddick

Plans are good.But at the beginning its more important to just get started rather than plan every minor detail and tie up every last string.It just wont happen and the idea is more likely to die out when faced with perfectionism.Its better to work with the final goal in mind and a few flexible milestones along the way. Adjust to situations as they pan out and go with the flow.

 

Tips For Social Entrepreneurs


Watch these video.They are jam packed with great advice for social entrepreneurs.

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Chhoti Chhoti Aashayein


wealthymatters“For myself, I needed to earn money, to look after the kids while my husband was traveling for two years across South America.”-Anita Roddick

This was the small wish that got the Body Shop started.What’s yours?Get Started!You never know where you’ll manage to reach.